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Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Securities & exchanges

Hague Securities Convention

The Convention on the law applicable to certain rights in respect of securities held with an intermediary, or Hague Securities Convention is an international multilateral treaty intended to remove, globally, legal uncertainties for cross-border securities transactions. The Convention was drafted under the auspices of the Hague Conference on Private International Law, which as resulted in

Finance

Legal risk

Legal risk as a subset of operational risk that comprises the uncertainty associated with a business becoming a subjects of legal liability and obligations as a result of its operation.

Securities & exchanges

Standardized approach (counterparty credit risk)

The standardized approach for counterparty credit risk (SA-CCR) is the capital requirement framework under Basel III addressing counterparty risk for derivative trades.